Adx Energy Stock Market Value
| ADXRF Stock | USD 0.02 0.00 0.00% |
| Symbol | ADX |
ADX Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ADX Energy's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ADX Energy.
| 11/20/2024 |
| 02/18/2025 |
If you would invest 0.00 in ADX Energy on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding ADX Energy or generate 0.0% return on investment in ADX Energy over 90 days. ADX Energy is related to or competes with Barrister Energy, and Altura Energy. ADX Energy Ltd engages in the production, appraisal, and exploration of oil and gas properties More
ADX Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ADX Energy's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ADX Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 48.08 | |||
| Information Ratio | 0.0499 | |||
| Maximum Drawdown | 160.0 | |||
| Value At Risk | (46.67) | |||
| Potential Upside | 54.44 |
ADX Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADX Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADX Energy's standard deviation. In reality, there are many statistical measures that can use ADX Energy historical prices to predict the future ADX Energy's volatility.| Risk Adjusted Performance | 0.0453 | |||
| Jensen Alpha | 1.37 | |||
| Total Risk Alpha | 1.33 | |||
| Sortino Ratio | 0.0286 | |||
| Treynor Ratio | 0.6538 |
ADX Energy Backtested Returns
ADX Energy is out of control given 3 months investment horizon. ADX Energy secures Sharpe Ratio (or Efficiency) of 0.0919, which signifies that the company had a 0.0919 % return per unit of volatility over the last 3 months. We were able to interpolate data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 2.5% are justified by taking the suggested risk. Use ADX Energy risk adjusted performance of 0.0453, and Mean Deviation of 11.61 to evaluate company specific risk that cannot be diversified away. ADX Energy holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.1, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ADX Energy will likely underperform. Use ADX Energy value at risk, as well as the relationship between the expected short fall and day median price , to analyze future returns on ADX Energy.
Auto-correlation | 0.05 |
Virtually no predictability
ADX Energy has virtually no predictability. Overlapping area represents the amount of predictability between ADX Energy time series from 20th of November 2024 to 4th of January 2025 and 4th of January 2025 to 18th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ADX Energy price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current ADX Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ADX Energy lagged returns against current returns
Autocorrelation, which is ADX Energy pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ADX Energy's pink sheet expected returns. We can calculate the autocorrelation of ADX Energy returns to help us make a trade decision. For example, suppose you find that ADX Energy has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ADX Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ADX Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADX Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADX Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ADX Energy Lagged Returns
When evaluating ADX Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADX Energy pink sheet have on its future price. ADX Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ADX Energy autocorrelation shows the relationship between ADX Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ADX Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ADX Pink Sheet
ADX Energy financial ratios help investors to determine whether ADX Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADX with respect to the benefits of owning ADX Energy security.